GBP/USD Technical Analysis and Forecast The GBP/USD market trades at 1.29566, showing strong bullish momentum. The pair faces resistance at 1.30000 and support at 1.28700 on the daily chart. This uptrend was primarily driven by weak US economic...
Forecast of EURJPY The EURJPY daily time frame chart's past diagram shows that the price has been fluctuating between several range zones for an extended period. The price fluctuated between rising and falling to test the upper and lower boundaries...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2780, struggling to hold above the key 1.2800 resistance level. If it manages to break through, we could see a push toward 1.2850, but a failure might send it back down to 1.2750 or even...
Traders often use engulfing patterns in combination with other technical indicators to confirm potential trend reversals. It's important to note that while engulfing patterns can be powerful signals, they are not infallible, and other factors should...
ANALYSIS OF EUR/JPY PAIR. The EUR/JPY H1 chart shows a strong bullish momentum as price action surges toward the 162.12 level, testing a significant resistance zone. A clear uptrend has been established following a reversal from the last O156.25...
